Tender Details

Particulars Details
Title
Assets Insurance Service Special Contingency Policy For 1 Coal And Coke Storage At Gpl And Rinl 2
Description
Organisation Rashtriya Ispat Nigam Limited | Ministry of Steel
Tender Id GEM/2024/B/4553349
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids

Start Date February 02, 2024 18:15
End Date
Expired 16/02/2024

Expired 970 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE NEW INDIA ASSURANCE COMPANY LIMITED

Contract Value

104169834

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Rajulapati Tulasi Ram
Ministry: Ministry Of Steel
Department: Rashtriya Ispat Nigam Limited
Organisation: Rashtriya Ispat Nigam Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 20-02-2024 14:11:35 N/A Qualified
2 GO DIGIT GENERAL INSURANCE LIMITED 20-02-2024 12:56:22 N/A Qualified
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 20-02-2024 13:46:12 N/A Qualified
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 20-02-2024 14:31:16 N/A Qualified
5 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 20-02-2024 14:25:39 N/A Qualified
6 NATIONAL INSURANCE COMPANY LIMITED 20-02-2024 14:49:37 N/A Qualified
7 RELIANCE GENERAL INSURANCE COMPANY LIMITED 20-02-2024 12:59:21 N/A Disqualified
8 SBI GENERAL INSURANCE COMPANY LIMITED 20-02-2024 13:27:54 N/A Qualified
9 THE NEW INDIA ASSURANCE COMPANY LIMITED 20-02-2024 12:11:15 N/A Qualified
10 THE ORIENTAL INSURANCE COMPANY LIMITED 20-02-2024 14:31:22 N/A Qualified
11 UNITED INDIA INSURANCE COMPANY LIMITED 20-02-2024 14:14:19 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 97418698.31 L1
2 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 98297500.00 L2
3 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 99595250.00 L3
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 100400000.00 L4
5 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 101465500.00 L5
6 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 115950000.00 L6
7 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 119440000.00 L7
8 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 125450000.00 L8
9 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 125950000.00 L9
10 GO DIGIT GENERAL INSURANCE LIMITED Item Categories : Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 132456000.00 L10

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Special Contingency policy for 1 Coal and Coke Storage at GPL and RINL 2 Coal Transit risk from GPL port to RINL; Standard Fire & Special Perils Cover, As per Bid doc ATC; Optional Assets Insurance Service 1 ₹ 104169834.000
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